JOB DESCRIPTION The Senior Claim Director, under minimal direction from the manager, investigates and settles claims promptly, equitably and within established best practices guidelines.
The Senior Claim Director will be responsible for :
- Investigating and resolving high exposure, medical risk and long term care claims, which includes developing resolution strategies and negotiating settlements
- Analyzing coverage; communicates coverage positions, as warranted, under direction of supervisor and coverage unit, and prepares comprehensive coverage letters with detailed analysis and when appropriate
- Evaluating exposure through an in-depth analysis of legal and factual issues, retaining and managing litigation counsel through trial, developing and managing strategy for complex litigation
- Attending arbitrations, mediations, and trials
- Reviewing legal budgets and legal and third-party vendor's bills
- Presenting litigation strategy on complex litigation matters to senior management and underwriting staff
- Supporting business leaders on an as needed basis on various claim and underwriting related issues and marketing meeting
- Conducting, coordinating and directing investigation into loss facts and extent of third-party damages
- Directing and monitoring assignments, with minimal direction from the manager, to experts and underlying defense counsel
- Timely setting reserves within authority and makes claim recommendations concerning reserve changes to supervisor
- Reporting to reinsurers / excess carriers and facilitates the prompt collection of reinsurance on those matters where they are accountable
- Traveling to conferences, mediations, and trials as necessary QUALIFICATIONS
- Ability ABOUT US Chubb is a world leader in insurance.
With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients.
The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.
At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it.
Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law.
Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees.
Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.
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